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WisdomTree Gold 3x Daily Leveraged ETC (3GLD.DE)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE00B8HGT870
Inception Date
Dec 20, 2012
Leveraged
3x
Index Tracked
Solactive Gold Commodity Futures SL Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of €10,000 in WisdomTree Gold 3x Daily Leveraged ETC, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

3GLD.DE is traded in EUR, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to EUR using the latest available exchange rates.

Returns By Period

WisdomTree Gold 3x Daily Leveraged ETC (3GLD.DE) has returned -1.03% so far this year and 98.30% over the past 12 months.


WisdomTree Gold 3x Daily Leveraged ETC

1D
3.99%
1M
-32.97%
YTD
-1.03%
6M
35.34%
1Y
98.30%
3Y*
70.97%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.02%
1M
-2.96%
YTD
-3.12%
6M
-0.95%
1Y
8.84%
3Y*
14.21%
5Y*
10.59%
10Y*
11.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 13, 2022, 3GLD.DE's average daily return is +0.26%, while the average monthly return is +5.25%. At this rate, your investment would double in approximately 1.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Jan 2026 with a return of +34.9%, while the worst month was Mar 2026 at -33.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 3GLD.DE closed higher 56% of trading days. The best single day was Feb 3, 2026 with a return of +20.0%, while the worst single day was Feb 2, 2026 at -18.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202634.88%9.47%-32.97%-1.03%
202520.98%2.38%23.46%9.61%-5.10%-6.06%1.57%9.57%34.73%8.42%14.67%9.99%206.38%
2024-1.65%-2.08%26.25%9.28%0.49%-0.82%9.16%6.06%13.21%13.82%-8.57%-5.10%71.41%
202314.90%-14.25%21.18%-1.33%-0.98%-11.65%5.81%-4.33%-11.87%21.71%2.13%0.45%14.79%
2022-4.68%-8.42%15.57%5.94%6.89%

Benchmark Metrics

WisdomTree Gold 3x Daily Leveraged ETC has an annualized alpha of 98.29%, beta of -0.07, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 14, 2022.

  • This ETF captured 208.14% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -120.01%) — a profile typical of hedging or uncorrelated assets.
  • Beta of -0.07 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
98.29%
Beta
-0.07
0.00
Upside Capture
208.14%
Downside Capture
-120.01%

Expense Ratio

3GLD.DE has a high expense ratio of 0.99%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

3GLD.DE ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


3GLD.DE Risk / Return Rank: 6969
Overall Rank
3GLD.DE Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
3GLD.DE Sortino Ratio Rank: 6969
Sortino Ratio Rank
3GLD.DE Omega Ratio Rank: 6868
Omega Ratio Rank
3GLD.DE Calmar Ratio Rank: 7474
Calmar Ratio Rank
3GLD.DE Martin Ratio Rank: 6060
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for WisdomTree Gold 3x Daily Leveraged ETC (3GLD.DE) and compare them to a chosen benchmark (S&P 500 Index).


3GLD.DEBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.31

0.43

+0.89

Sortino ratio

Return per unit of downside risk

1.79

0.73

+1.07

Omega ratio

Gain probability vs. loss probability

1.26

1.11

+0.15

Calmar ratio

Return relative to maximum drawdown

1.98

0.67

+1.31

Martin ratio

Return relative to average drawdown

6.13

2.80

+3.32

Explore 3GLD.DE risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


WisdomTree Gold 3x Daily Leveraged ETC doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the WisdomTree Gold 3x Daily Leveraged ETC. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the WisdomTree Gold 3x Daily Leveraged ETC was 48.79%, occurring on Mar 23, 2026. The portfolio has not yet recovered.

The current WisdomTree Gold 3x Daily Leveraged ETC drawdown is 40.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.79%Jan 29, 202638Mar 23, 2026
-32.73%May 5, 2023110Oct 5, 2023108Mar 8, 2024218
-26.42%Oct 21, 20256Oct 28, 202540Dec 23, 202546
-20.92%Oct 31, 202412Nov 15, 202451Feb 3, 202563
-19.71%Apr 23, 202517May 16, 202580Sep 5, 202597

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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